RPI inflation, 2007 to July 2026

£10.00 in 2007 is £20.29 today

That £10.00 bought 3.8 pints of lager in 2007. Today it buys 1.9.

Prices up 103%3.7% a year on averageMultiply by 2.03

Measured with the Retail Prices Index, the only official series that runs back to 1948. Use CPI instead.

£1 in 2007£2.03 today
It takes 2.0 of today's pounds to match one from 2007
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What £10.00 buys

Official average shop prices, not a basket. Things marked as outrunning inflation got dearer faster than everything else; things that lagged got relatively cheaper.

Item2007Today
pints of lager£2.62 then, about £5.17 today3.81.9
first-class stampsoutran inflation30p then, £1.80 today335.6
packs of 20 cigarettesoutran inflation£5.02 then, about £17.76 today20.56
dozen eggslagged inflation£1.94 then, about £2.38 today5.24.2
kg of bananaslagged inflation87p then, about £1.09 today119.2
litres of unleadedlagged inflation94p then, about £1.47 today116.8
sliced white loaveslagged inflation90p then, about £1.50 today116.7
pints of bitter£2.30 then, about £4.07 today4.32.5
kg of roasting chicken£2.27 then, about £4.04 today4.42.5
boxes of tea bags£1.55 then, about £2.83 today6.53.5
nips of whisky£1.87 then, about £4.17 today5.32.4
pints of milk37p then, about 70p today2714
kg of rump steak£9.66 then, about £20.21 today10.49
Same money, adjusted for inflation£10.00£20.29

The ONS stopped publishing these average prices in January 2025. Today's figures are that last reading moved on with inflation, so treat them as close rather than exact.

Houses and wages

Inflation is one story. What people earned, and what a home cost, are the other two.

Average house
£181,364 → £278,784
Up 1.5×, against 2.0× for prices generally
Average pay
£21,840 → £39,260
A year's average earnings, up 1.8×
Years of pay for a house
8.3 → 7.1
Average house price divided by average annual pay
If it had tracked wages
£17.98
What £10.00 in 2007 would be today if it had grown with pay rather than prices